N3 Toll Concession
On 2 November 1999, N3 Toll Concession (Pty) Ltd (N3TC) entered into a 30-year Toll Road Concession Contract with the South African National Roads Agency Limited (SANRAL). Over this period, N3TC is responsible for managing the physical asset, the road, and the financial asset, the shareholder equity, revenue collected and commercial debt.
N3TC's mandate is to Design, Construct, Finance, Operate and Maintain the N3 between Cedara and Heidelberg.
Having established a sound engineering and financial platform, N3TC is now refining and expanding its business model to address customer needs, namely convenience, mobility and safety.
Convenience - the ease with which our customer, the road user, be it the business traveller, the recreational traveller or the commercial haulier, travels along the N3.
Mobility - where traffic congestion, construction delays and accident delays are minimised and throughput at the Toll Plazas is maximised.
Safety, the ability to travel on a World Class road, with engineering, education and enforcement forming the pillars of our drive towards a safer N3.
All N3TC's activities are underpinned by the firm commitment of our Shareholders and Management towards Corporate Social Investment, striving towards "A Better South Africa for All".
Welcome to Africa, AKA the motherland! Check out African Internet Radio while you're scoping the panoramas.The earliest fossil of the homo sapiens family (human beings) was found in Ethiopia, dating back more than 200,000 years. Compared to this length of time, even the "ancient Sumerians" from 6000 B.C. are drooling toddlers.Let's mention a few African heroes you may have heard of, for inspiration in the face of the continued economic inequality and violence which plague Africa today: Nelson Mandela, first democratically elected President of South Africa, who fought against apartheid and served 27 years in prison while advocating freedom and peace. Haile Salassie, Emperor of Ethiopia, who resisted Mussolini and the fascist Italian invasion of WWII, and who is worshipped as an incarnation of God by the Rastafari movement. Kwame Nkrumah, first Prime Minister of Ghana, advocate of uniting Africa in Pan-Africanism. Fela Kuti, inventor of Afrobeat music, who declared his home to be an independent state, ran for president of Nigeria, and to whose funeral ONE MILLION PEOPLE came to pay their respects.In June 2001 the African Union was formed, consisting of 53 African States organized, like in the EU, around common economic and political development.Text by Steve Smith.